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    News
    All› Customs, DGFT & SEZ › Customs, DGFT & SEZ - 2018
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    December 31, 2018
    Imposition of High Custom Duty on Steel and Aluminium Products
    Show AI Summary
    National security tariffs on steel and aluminium prompt India's WTO challenge and imposition of retaliatory customs duties.
    The United States imposed elevated duties on certain steel and aluminium products under its national security tariff authority, which India considers inconsistent with WTO obligations and has challenged at the World Trade Organization. India concurrently imposed additional customs duties on a list of imports from the United States under safeguard rules, and the WTO Dispute Settlement Body established a panel in December 2018 to examine the dispute.
    December 31, 2018
    Implementation of EODB
    Show AI Summary
    Regulatory reform: easing business procedures by digitising permits, licences and NOC processes to streamline approvals and compliance.
    Implementation of regulatory reforms operates on national, state and district levels through a central Business Reform Action Plan that monitors measurable improvements in Doing Business indicators; state consultations, assessments and scoring drive reform adoption; district plans target digitisation and simplification of services including business start-up, registrations, online property and construction permits, multiple licensing and NOC regimes, municipal taxation and grievance redressal.
    December 27, 2018
    National IPR Policy
    Show AI Summary
    Intellectual property policy modernization strengthened institutional coordination and expedited patent and trademark processing nationwide.
    Implementation of the Intellectual Property Rights (IPR) Policy prioritised institutional consolidation, procedural modernization and capacity building: administration of certain IP statutes was centralized; technical resourcing reduced patent and trademark backlogs and enabled electronic certificate issuance; rule amendments allowed expedited patent examination and revamped trademark rules; and outreach included integration of IPR in education, establishment of Technology and Innovation Support Centres with WIPO, an IPR Enforcement Toolkit for police, and increased registration of patent and trademark agents.
    December 21, 2018
    NABCB Accreditation Secures Recognition in Asia- Pacific Region
    Show AI Summary
    Accreditation equivalence enables regional recognition of NABCB accredited OHSMS certificates, facilitating regulatory acceptance and exports.
    NABCB's accession to the Pacific Accreditation Cooperation Multilateral Recognition Arrangement establishes regional acceptance of NABCB accredited ISO 45001 OHSMS certificates by demonstrating NABCB's compliance with international accreditation standards, enabling NABCB accredited certification bodies' certificates to be recognized across the Asia Pacific region and used by regulators and exporters as evidence of conformity in place of separate inspections.
    December 20, 2018
    Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified
    Show AI Summary
    Exchange rate determination for customs valuation sets separate official conversion rates for imports and exports.
    Determination of exchange rates under section 14 of the Customs Act, 1962 supersedes a prior notification and prescribes distinct official conversion rates for specified foreign currencies for valuation of imported goods and for export goods, listed in Schedule I (unit rates) and Schedule II (rates per 100 units), to be applied for customs purposes while preserving actions taken under the prior notification.
    December 18, 2018
    India – Turkey trade should be balanced and sustainable – Suresh Prabhu
    Show AI Summary
    Balanced and sustainable bilateral trade pursued through a Comprehensive Trade Agreement and Joint Study Group negotiations with local currency proposal.
    Commitment to pursue balanced and sustainable bilateral trade through expedited negotiation of a Comprehensive Trade Agreement, finalisation of Joint Study Group submissions to enable negotiations, and consideration of a Turkish proposal for local currency settlement by India's Finance Ministry; a high level business delegation will be led to Turkey to advance these matters.
    December 18, 2018
    7th round of India – South Korea CEPA negotiations held
    Show AI Summary
    Trade negotiations under CEPA advance, with sugar export talks contingent on meeting South Korean quality standards.
    Negotiations under the Comprehensive Economic Partnership Agreement framework continued between India and South Korea, including industry-level engagement where an Indian sugar delegation met South Korean refineries to explore raw sugar export opportunities contingent on meeting South Korean quality standards and specifications.
    December 17, 2018
    Measures to help the Rubber Growers
    Show AI Summary
    Import regulation for natural rubber tightened; duty increased and licensing and port restrictions imposed to support growers.
    The Government tightened import regulation for dry rubber by raising import duty, reducing the advance licensing utilization period from eighteen to six months, and restricting port entry for imports to designated ports; domestically, Kerala's production incentive scheme credits growers with the difference between a reference price and daily market price based on purchase bills.
    December 17, 2018
    Exports from SEZs at ₹ 3.33 lakh crore; Employment generation at 19.96 lakh persons
    Show AI Summary
    Special Economic Zones policy secures duty free enclave status and tax incentives enabling export oriented manufacturing and services under statutory scheme.
    Special Economic Zones policy treats designated SEZ territory as a duty free enclave outside domestic customs territory, providing import facilitation, freedom for manufacturing and services, subcontracting flexibility, curtailed routine customs examination, and prescribed direct and indirect tax benefits; units must achieve positive net foreign exchange cumulatively over five years, while domestic sales remain subject to applicable customs duty and import policy.
    December 15, 2018
    India’s Foreign Trade: November 2018
    Show AI Summary
    Trade balance widens as imports outpace exports, increasing the overall trade deficit and external sector pressure.
    Provisional statistics show combined merchandise and services exports rose for April-November 2018-19 but imports rose faster, widening the overall trade deficit; merchandise exports recorded modest dollar growth in November 2018 while imports-notably oil imports-rose substantially, and services data used are provisional (through October) with November estimates added pending RBI revision.
    December 14, 2018
    National Medical Devices Promotion Council to be set up under DIPP
    Show AI Summary
    National Medical Devices Promotion Council to promote domestic manufacturing, streamline approvals and align standards for exports.
    Establishment of a National Medical Devices Promotion Council under DIPP to promote domestic manufacturing, coordinate policy and trade interventions, and support export-oriented growth. Chaired by the Secretary of DIPP with industry and quality institution representation and technical support from Andhra Pradesh MedTech Zone, the Council will convene industry consultations, recommend simplification of approval processes, support certification and standards alignment to international norms, drive Preferential Market Access and monitor public procurement compliance, validate manufacturing entities such as LLPs, and make policy recommendations to strengthen the medical technology sector.
    December 12, 2018
    SEZ Policy review committee report
    Show AI Summary
    Employment and Economic Enclaves 3Es shift prioritises jobs and growth with procedural relaxations and IFSC incentives.
    The report recommends reorienting SEZ policy toward Employment and Economic Enclaves (3Es), separate rules for manufacturing and service SEZs, a demand-driven investment approach, an EoDB enabling framework with a unified online portal, ecosystem funding for multimodal connectivity and utilities, infrastructure status for finance access, procedural relaxations for developers and tenants, extension of tax/duty benefits, broadened service definitions and unified IFSC regulation with incentives, flexibility in leases and subcontracting, specified domestic supplies in NFE computation, and arbitration-based dispute resolution.
    December 12, 2018
    Revival of Exports
    Show AI Summary
    Export promotion framework under the Foreign Trade Policy expands transferable incentive schemes and trade facilitation to boost exports.
    The Foreign Trade Policy establishes a comprehensive export promotion framework employing transferable incentive instruments (MEIS and SEIS), duty remission and Advance Authorisation for duty free inputs, modified EPCG obligations to favor domestic capital goods procurement, an Interest Equalisation Scheme to reduce export credit costs, capacity building via Niryat Bandhu, and trade facilitation and infrastructure measures (SWIFT, WTO TFA ratification, TIES); a mid term review added further incentives to align export policy with national economic initiatives.
    December 12, 2018
    Efforts to Increase Export of Agricultural Products
    Show AI Summary
    Agriculture Export Policy aims to diversify and boost high-value agricultural exports while strengthening market-access mechanisms.
    The Agriculture Export Policy seeks to diversify and boost high-value and value-added agricultural exports, pursue market access and sanitary and phytosanitary solutions, and integrate Indian agriculture with global value chains. Export-promotion is supported by central schemes (TIES, MAI, MEIS) and sectoral bodies (APEDA, MPEDA, Tea Board, Coffee Board, Rubber Board, Spices Board) through market access initiatives, fairs, market intelligence and quality measures. Exports vary with demand, prices, food-security and diplomatic factors, imports are monitored, and the Government announces MSPs and FRP for sugarcane to ensure remunerative prices for farmers.
    December 12, 2018
    Central Board of Indirect Taxes and Customs (CBIC) to notify the Korean Won (WON) and Turkish Lira (TRY) in the List of Currencies for Exchange Rate
    Show AI Summary
    Exchange rate listing of new currencies enables direct conversion for customs valuation and eases export incentive claims.
    The Central Board of Indirect Taxes and Customs will add the Korean Won and Turkish Lira to the official list of currencies for determining rates of exchange used in conversion to Indian Rupees for customs valuation and related assessments, thereby simplifying foreign-exchange conversion and aiding exporters to claim Merchandise Export Incentive Scheme benefits by providing readily available rates on remittance realisation dates.
    December 11, 2018
    Vision of a New India - USD 5 Trillion Economy
    Show AI Summary
    Services sector expansion drives national economic strategy, boosting competitiveness, exports and regulatory reforms to ease business.
    A national strategy to attain a USD five trillion economy prioritises expansion of the services sector through twelve designated Champion Services Sectors with focused action plans to boost competitiveness, employment and exports; a complementary Agriculture Export Policy sets strategic and operational measures to integrate farmers into global value chains and promote value added agri exports; and trade facilitation, logistics, procurement and institutional reforms are deployed to improve market access, ease of doing business and industrial development.
    December 7, 2018
    Cabinet approves Agriculture Export Policy, 2018
    Show AI Summary
    Agriculture export policy expands market access and establishes a central monitoring framework to integrate farmers into global value chains.
    Approval of the Agriculture Export Policy creates a central Monitoring Framework led by the commerce department with multi agency and state representation to oversee implementation, address market access and sanitary and phytosanitary barriers, and promote export expansion through diversification, value addition, cluster development, infrastructure support, quality regimens, private investment, and research and development.
    December 6, 2018
    Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified
    Show AI Summary
    Exchange Rate Determination sets conversion rates for imported and exported goods, applying the notified schedule from the effective date.
    The CBIC, exercising powers under section 14 of the Customs Act, determines specific Rate of Exchange conversions for listed foreign currencies to be used for imported and exported goods, superseding the prior notification except as to prior actions; rates are set in Schedule I (per unit) and Schedule II (per 100 units for Japanese Yen) and apply from the notified effective date for customs valuation purposes.
    December 6, 2018
    DRI concludes discussions with International Customs partner agencies in a two-day meeting held on 4th and 5th December, 2018;
    Show AI Summary
    Customs data sharing as the central tool to enhance cross border cooperation against organized smuggling and related financial crime.
    DRI convened a two day Regional Customs Enforcement Meeting focused on strengthening data and intelligence sharing among Customs administrations to detect and disrupt illicit networks engaged in drug trafficking, smuggling of precious metals and stones, money laundering and related organized financial crime. DRI proposed a four stage model for data exchange and, together with Interpol, WCO, UNODC and regional delegations, emphasized operational cooperation including real time intelligence sharing and layered passenger profiling.
    December 5, 2018
    Three day 80th Session of the Policy Commission Meeting of the World Customs Organization (WCO) concludes in Mumbai today; Member countries exchanged their experiences and best practices in different areas of cross border trade;
    Show AI Summary
    Illicit financial flows and trade based money laundering: enhanced WCO cooperation and customs performance measurement.
    The WCO Policy Commission's 80th Session concentrated on countering illicit financial flows and Trade Based Money Laundering, promoting measures for detection, information sharing and regulatory control across cross border supply chains. Delegates reviewed the WCO Strategic Plan (2019-2022) emphasizing trade facilitation, revenue protection, societal protection and capacity building, and debated instituting standardized performance measurement tools for customs clearance. Bilateral talks produced cooperation instruments, including a Joint Action Plan to pursue a Mutual Recognition Agreement for Authorized Economic Operators to facilitate trade.

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      Customs, DGFT & SEZ

      India’s Foreign Trade: November 2018

      December 15, 2018

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      India’s overall exports (Merchandise and Services combined) in April-November 2018-19* are estimated to be USD 351.99 Billion, exhibiting a positive growth of 15.48 per cent over the same period last year. Overall imports in April-November2018-19* are estimated to be USD 428.18 Billion, exhibiting a positive growth of 16.86 per cent over the same period last year.

      *Note: Services data pertains to April-October 2018-19 as October 2018 is the latest data available as per RBI’s Press Release dated 14th December 2018. It is arrived at by adding Month-wise QE dataof RBI’s press release for April to October 2018-19. This data is provisional and subject to revision by RBI. In addition, it may be noted that data for November 2018 is estimated and added to the April-October 2018-19 data of RBI to calculate the Overall Trade Deficit for April-November 2018-19. It will be revised based on RBI’s next press release for November 2018. 

      1. MERCHANDISE TRADE

      EXPORTS (including re-exports)

      Exports inNovember 2018 were US $ 26.50 Billion, as compared to US $ 26.29 Billion in November 2017, exhibiting a positive growth of 0.80 per cent. In Rupee terms, exports were ₹ 1,90,429.46 Crore in November 2018, as compared to ₹ 1,70,541.01 Crore in November 2017, registering a positive growth of 11.66 per cent. 

      In November 2018, major commodity groups of export showing positive growth over the corresponding month of last year are

         

      Cumulative value of exports for the period April-November 2018-19 was US $ 217.52Billion (Rs.15,14,369.74 Crore) as against US $ 194.93 Billion (Rs.12,57,811.49 Crore) during the period April-November 2017-18, registering a positive growth of 11.58 per cent in Dollar terms (20.40 per cent in Rupee terms).

      Non-petroleum and Non Gems and Jewellery exports in November 2018 were US $ 18.57 Billion, as compared to US $ 19.32 Billion in November 2017, exhibiting a negative growth of 3.93 per cent. Non-petroleum and Non Gems and Jewellery exports in April-November 2018-19 were US $ 156.55 Billion, as compared to US $ 143.77 Billion for the corresponding period in 2017-18, an increase of 8.89 per cent.

      IMPORTS

      Imports in November 2018 were US $ 43.17 Billion (Rs. 3,10,215.46 Crore), which was 4.31 per cent higher in Dollar terms and 15.55 per cent higher in Rupee terms over imports of US $ 41.39 Billion (Rs.2,68,467.53 Crore) in November 2017. Cumulative value of imports for the period April-November 2018-19 was US $ 345.64 Billion (Rs.24,07,273.87 Crore), as against US $ 301.31 Billion (Rs.19,44,355.48 Crore) during the period April-November 2017-18, registering a positive growth of 14.71 per cent in Dollar terms (23.81 per cent in Rupee terms). 

      Major commodity groups of import showing high growth in November 2018 over the corresponding month of last year are:

      CRUDE OIL AND NON-OIL IMPORTS:

      Oil imports in November 2018 were US $ 13.49 Billion (Rs. 96,955.56 Crore), which was 41.31 percent higher in Dollar terms (56.55 percent higher in Rupee terms), compared to US $ 9.55 Billion (Rs. 61,933.97 Crore) in November 2017. Oil imports in April-November 2018-19 were US $ 97.43 Billion (Rs. 6,79,769.26 Crore) which was 49.14 per cent higher in Dollar terms (61.21 percent higher in Rupee terms) compared to US $ 65.33 Billion (Rs. 4,21,667.12 Crore), over the same period last year.

      In this connection it is mentioned that the global Brent price ($/bbl) has increased by 4.16% in November 2018 vis-à-vis November 2017 as per data available from World Bank (Pink Sheet).

      Non-oil imports in November 2018 were estimated at US $ 29.68 Billion (Rs.2,13,259.90 Crore) which was 6.79per cent lower in Dollar terms (3.26 percent higher in Rupee terms), compared to US $ 31.84 Billion (Rs. 2,06,533.56 Crore) in November 2017. Non-oil imports in April-November 2018-19 were US $ 248.21 Billion (Rs.17,27,504.61 Crore) which was 5.18 per cent higher in Dollar terms (13.45 percent higher in Rupee terms), compared to US $ 235.98 Billion (Rs. 15,22,688.36 Crore) in April-November2017-18.

      Non-Oil and Non-Gold imports were US $ 26.92 billion in November 2018, recording a negative growth of 5.78 per cent, as compared to Non-Oil and Non-Gold imports in November 2017. Non-Oil and Non-Gold imports were US $ 226.13 billion in April-November 2018-19, recording a positive growth of 6.27 per cent, as compared to Non-Oil and Non-Gold imports in April-November 2017-18.

      1. TRADE IN SERVICES (for October, 2018, as per the RBI Press Release dated 14th December 2018)

      EXPORTS (Receipts)

      Exports in October2018 were US $ 16.82Billion (Rs.1,23,812.71 Crore) registering a positive growth of 2.65 per cent in dollar terms, vis-à-vis September 2018. (as per RBI’s Press Release for the respective months).

      IMPORTS (Payments)

      Imports inOctober2018 were US $ 10.10 Billion (Rs.74,361.26 Crore) registering a positive growth of 1.54 per cent in dollar terms,vis-à-vis September 2018.  (as per RBI’s Press Release for the respective months).

      III.TRADE BALANCE

      MERCHANDISE: The trade deficit for November 2018 was estimated at US $ 16.67 Billion as against the deficit of US $ 15.10 Billion in November 2017.

      SERVICES: As per RBI’s Press Release dated 14th December 2018, the trade balance in Services (i.e. Net Services export) for October, 2018 is estimated at US $ 6.72 Billion.

      OVERALL TRADE BALANCE: Taking merchandise and services together, overall trade deficit for April-November 2018-19* is estimated at US $ 76.19 Billion as compared to US $ 61.58 Billion in April-November 2017-18.

      *Note: Services data pertains to April-October 2018-19 as October 2018 is the latest data available as per RBI’s Press Release dated 14th December 2018. It is arrived at by adding Month-wise QE dataof RBI’s press release for April to October 2018-19. This data is provisional and subject to revision by RBI. In addition, it may be noted that data for November 2018 is estimated and added to the April-October 2018-19 data of RBI to calculate the Overall Trade Deficit for April-November 2018-19. It will be revised based on RBI’s next press release for November 2018. 

      MERCHANDISE TRADE

      EXPORTS & IMPORTS: (US $ Billion)

      (PROVISIONAL)

       

      NOVEMBER

      APRIL-NOVEMBER

      EXPORTS (including re-exports)

       

       

      2017-18

      26.29

      194.93

      2018-19

      26.50

      217.52

      %Growth 2018-19/ 2017-18

      0.80

      11.58

      IMPORTS

       

       

      2017-18

      41.39

      301.31

      2018-19

      43.17

      345.64

      %Growth 2018-19/ 2017-18

      4.31

      14.71

      TRADE BALANCE

       

       

      2017-18

      -15.10

      -106.37

      2018-19

      -16.67

      -128.13

      EXPORTS & IMPORTS: (Rs. Crore)

      (PROVISIONAL)

       

      NOVEMBER

      APRIL- NOVEMBER

      EXPORTS(including re-exports)

       

       

      2017-18

      170541.01

      1257811.49

      2018-19

      190429.46

      1514369.74

      %Growth 2018-19/ 2017-18

      11.66

      20.40

      IMPORTS

       

       

      2017-18

      268467.53

      1944355.48

      2018-19

      310215.46

      2407273.87

      %Growth 2018-19/ 2017-18

      15.55

      23.81

      TRADE BALANCE

       

       

      2017-18

      -97926.52

      -686543.99

      2018-19

      -119786.00

      -892904.13

      SERVICES TRADE

       

      EXPORTS & IMPORTS (SERVICES) : (US $ Billion)

      (Provisional)

      OCTOBER 2018

      APRIL-OCTOBER 2018-19

      EXPORTS (Receipts)

      16.82

      117.88

      IMPORTS (Payments)

      10.10

      72.67

      TRADE BALANCE

      6.72

      45.21

      EXPORTS & IMPORTS (SERVICES): (Rs. Crore)

      (Provisional)

      OCTOBER2018

      APRIL-OCTOBER 2018-19

      EXPORTS (Receipts)

      1,23,812.71

      8,16,507.69

      IMPORTS (Payments)

      74,361.26

      5,03,133.74

      TRADE BALANCE

      49,451.45

      3,13,373.95

      Note: Services data pertains to April-October 2018-19 as October 2018 is the latest data available as per RBI’s Press Release dated 14thDecember 2018. April-October 2018-19 data is arrived at by adding Month-wise QE data. This has been used along with the estimate of service exports and imports for November 2018, as explained in page-1 for the purpose of this Press note.

      QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR NOVEMBER 2018

       TRADE: EXPORT

      Sl. No.

      Commodities

      (Values in Rs. crores)

      % change

      NOV'17

      NOV'18

      NOV'18

      1

      Tea

      537.25

      508.77

      -5.30

      2

      Coffee

      457.29

      376.59

      -17.65

      3

      Rice

      3556.24

      3027.99

      -14.85

      4

      Other cereals

      170.11

      150.40

      -11.59

      5

      Tobacco

      462.83

      569.20

      22.98

      6

      Spices

      1609.10

      2027.21

      25.98

      7

      Cashew

      574.59

      543.09

      -5.48

      8

      Oil Meals

      1020.01

      1209.75

      18.60

      9

      Oil seeds

      1145.43

      840.53

      -26.62

      10

      Fruits & Vegetables

      1355.16

      1127.09

      -16.83

      11

      Cereal preparations & miscellaneous processed items

      790.77

      891.85

      12.78

      12

      Marine Products

      4881.25

      4591.62

      -5.93

      13

      Meat, dairy & poultry products

      3377.74

      2570.22

      -23.91

      14

      Iron Ore

      975.08

      1033.86

      6.03

      15

      Mica, Coal & Other Ores, Minerals including processed minerals

      1915.57

      2205.17

      15.12

      16

      Leather & leather products

      2749.63

      2888.07

      5.04

      17

      Ceramic products & glassware

      1053.06

      1696.48

      61.10

      18

      Gems & Jewellery

      21825.94

      20092.46

      -7.94

      19

      Drugs & Pharmaceuticals

      9332.28

      10669.45

      14.33

      20

      Organic & Inorganic Chemicals

      10818.77

      13454.22

      24.36

      21

      Engineering Goods

      46007.69

      42632.07

      -7.34

      22

      Electronic Goods

      3757.74

      5706.05

      51.85

      23

      Cotton Yarn/Fabs./made-ups, Handloom Products etc.

      5686.15

      5967.79

      4.95

      24

      Man-made Yarn/Fabs./made-ups etc.

      2477.41

      2663.70

      7.52

      25

      RMG of all Textiles

      6719.85

      8112.46

      20.72

      26

      Jute Mfg. including Floor Covering

      164.25

      203.46

      23.87

      27

      Carpet

      739.75

      963.65

      30.27

      28

      Handicrafts excl. handmade carpet

      919.61

      1054.11

      14.63

      29

      Petroleum Products

      23370.12

      36939.20

      58.06

      30

      Plastic & Linoleum

      3931.47

      5600.16

      42.44

       

      Sub Total

      162382.13

      180316.67

      11.04

       

       GRAND   TOTAL

      170541.01

      190429.46

      11.66

      Note 1: Grand total is inclusive of component ‘Other’.

      Note 2: The figures for NOVEMBER'18 and NOVEMBER'17 are provisional and subject to change

      QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR NOVEMBER 2018

      TRADE: EXPORT

      Sl. No.

      Commodities

      (Values in Million USD)

      % change

      NOV'17

      NOV'18

      NOV'18

      1

      Tea

      82.83

      70.81

      -14.51

      2

      Coffee

      70.50

      52.41

      -25.66

      3

      Rice

      548.27

      421.41

      -23.14

      4

      Other cereals

      26.23

      20.93

      -20.21

      5

      Tobacco

      71.36

      79.22

      11.01

      6

      Spices

      248.08

      282.13

      13.73

      7

      Cashew

      88.59

      75.58

      -14.69

      8

      Oil Meals

      157.26

      168.36

      7.06

      9

      Oil seeds

      176.59

      116.98

      -33.76

      10

      Fruits & Vegetables

      208.93

      156.86

      -24.92

      11

      Cereal preparations & miscellaneous processed items

      121.92

      124.12

      1.80

      12

      Marine Products

      752.55

      639.02

      -15.09

      13

      Meat, dairy & poultry products

      520.75

      357.70

      -31.31

      14

      Iron Ore

      150.33

      143.88

      -4.29

      15

      Mica, Coal & Other Ores, Minerals including processed minerals

      295.33

      306.90

      3.92

      16

      Leather & leather products

      423.92

      401.93

      -5.19

      17

      Ceramic products & glassware

      162.35

      236.10

      45.43

      18

      Gems & Jewellery

      3364.95

      2796.28

      -16.90

      19

      Drugs & Pharmaceuticals

      1438.78

      1484.87

      3.20

      20

      Organic & Inorganic Chemicals

      1667.95

      1872.43

      12.26

      21

      Engineering Goods

      7093.10

      5933.14

      -16.35

      22

      Electronic Goods

      579.34

      794.12

      37.07

      23

      Cotton Yarn/Fabs./made-ups, Handloom Products etc.

      876.65

      830.54

      -5.26

      24

      Man-made Yarn/Fabs./made-ups etc.

      381.95

      370.71

      -2.94

      25

      RMG of all Textiles

      1036.01

      1129.02

      8.98

      26

      Jute Mfg. including Floor Covering

      25.32

      28.32

      11.85

      27

      Carpet

      114.05

      134.11

      17.59

      28

      Handicrafts excl. hand made carpet

      141.78

      146.70

      3.47

      29

      Petroleum Products

      3603.02

      5140.85

      42.68

      30

      Plastic & Linoleum

      606.12

      779.38

      28.59

       

      Sub Total

      25034.81

      25094.81

      0.24

       

       GRAND   TOTAL

      26292.66

      26502.20

      0.80

      Note 1: Exports include Re-Exports.

      Note 2: The figures for NOVEMBER'18 and NOVEMBER'17 are provisional and subject to change

      Note 3: Grand total is inclusive of component ‘Other’.

      QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR NOVEMBER 2018

      TRADE: IMPORT

      Sl. No.

      Commodities

      (Values in Rs. crores)

      % change

      NOV'17

      NOV'18

      NOV'18

      1

      Cotton Raw & Waste

      136.62

      187.79

      37.46

      2

       Vegetable Oil

      6120.18

      4926.06

      -19.51

      3

      Pulses

      2454.67

      736.16

      -70.01

      4

      Fruits & vegetables

      1333.00

      1390.34

      4.30

      5

      Pulp and Waste paper

      641.44

      727.84

      13.47

      6

      Textile yarn Fabric, made-up articles

      1083.80

      1147.40

      5.87

      7

      Fertilisers, Crude & manufactured

      3029.66

      4918.99

      62.36

      8

      Sulphur & Unroasted Iron Pyrites

      93.56

      266.89

      185.26

      9

      Metalliferous ores & other minerals

      5557.10

      4760.90

      -14.33

      10

      Coal, Coke & Briquettes, etc.

      12953.30

      16144.24

      24.63

      11

      Petroleum, Crude & products

      61933.97

      96955.56

      56.55

      12

      Wood &  Wood products

      3298.74

      3669.98

      11.25

      13

      Leather & leather products

      550.45

      658.85

      19.69

      14

      Organic & Inorganic Chemicals

      11687.12

      14341.10

      22.71

      15

      Dyeing/tanning/colouring mtrls.

      1571.63

      1929.75

      22.79

      16

      Artificial resins, plastic materials, etc.

      7491.17

      9222.26

      23.11

      17

      Chemical material & products

      3697.88

      4847.79

      31.10

      18

      Newsprint

      457.11

      622.92

      36.27

      19

      Pearls, precious & Semi-precious stones

      19125.28

      11408.48

      -40.35

      20

      Iron & Steel

      8185.08

      10662.28

      30.26

      21

      Non-ferrous metals

      7416.91

      8631.04

      16.37

      22

      Machine tools

      1902.48

      2529.86

      32.98

      23

      Machinery, electrical & non-electrical

      17535.51

      20914.34

      19.27

      24

      Transport equipment

      15106.26

      13083.73

      -13.39

      25

      Project goods

      708.79

      2338.70

      229.96

      26

      Professional instrument, Optical goods, etc.

      2609.92

      2947.49

      12.93

      27

      Electronic goods

      28340.88

      31488.26

      11.11

      28

      Medicinal. & Pharmaceutical products

      3312.03

      3646.82

      10.11

      29

      Gold

      21194.00

      19817.82

      -6.49

      30

      Silver

      1230.38

      2743.05

      122.94

       

      Sub Total

      250758.94

      297666.71

      18.71

       

       GRAND   TOTAL

      268467.53

      310215.46

      15.55

      Note 1: Grand total is inclusive of component ‘Other’.

      Note 2: The figures for NOVEMBER'18 and NOVEMBER'17 are provisional and subject to change

      QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR NOVEMBER 2018

      TRADE: IMPORT

      Sl. No.

      Commodities

      (Values in Million USD)

      % change

      NOV'17

      NOV'18

      NOV'18

       

      1

      Cotton Raw & Waste

      21.06

      26.13

      24.07

       

      2

       Vegetable Oil

      943.56

      685.56

      -27.34

       

      3

      Pulses

      378.44

      102.45

      -72.93

       

      4

      Fruits & vegetables

      205.51

      193.49

      -5.85

       

      5

      Pulp and Waste paper

      98.89

      101.29

      2.43

       

      6

      Textile yarn Fabric, made-up articles

      167.09

      159.68

      -4.43

       

      7

      Fertilisers, Crude & manufactured

      467.09

      684.58

      46.56

       

      8

      Sulphur & Unroasted Iron Pyrites

      14.42

      37.14

      157.56

       

      9

      Metalliferous ores & other minerals

      856.75

      662.58

      -22.66

       

      10

      Coal, Coke & Briquettes, etc.

      1997.04

      2246.80

      12.51

       

      11

      Petroleum, Crude & products

      9548.49

      13493.37

      41.31

       

      12

      Wood &  Wood products

      508.57

      510.75

      0.43

       

      13

      Leather & leather products

      84.86

      91.69

      8.05

       

      14

      Organic & Inorganic Chemicals

      1801.83

      1995.86

      10.77

       

      15

      Dyeing/tanning/colouring mtrls.

      242.30

      268.56

      10.84

       

      16

      Artificial resins, plastic materials, etc.

      1154.93

      1283.47

      11.13

       

      17

      Chemical material & products

      570.11

      674.67

      18.34

       

      18

      Newsprint

      70.47

      86.69

      23.02

       

      19

      Pearls, precious & Semi-precious stones

      2948.58

      1587.73

      -46.15

       

      20

      Iron & Steel

      1261.91

      1483.88

      17.59

       

      21

      Non-ferrous metals

      1143.48

      1201.19

      5.05

       

      22

      Machine tools

      293.31

      352.08

      20.04

       

      23

      Machinery, electrical & non-electrical

      2703.49

      2910.66

      7.66

       

      24

      Transport equipment

      2328.96

      1820.87

      -21.82

       

      25

      Project goods

      109.28

      325.48

      197.84

       

      26

      Professional instrument, Optical goods, etc.

      402.38

      410.20

      1.94

       

      27

      Electronic goods

      4369.37

      4382.24

      0.29

       

      28

      Medicinal. & Pharmaceutical products

      510.62

      507.53

      -0.61

       

      29

      Gold

      3267.52

      2758.06

      -15.59

       

      30

      Silver

      189.69

      381.75

      101.25

       

       

      Sub Total

      38660.00

      41426.43

      7.16

       

       

       GRAND   TOTAL

      41390.19

      43172.91

      4.31

       

      Note 1: Imports include Re-Imports.

      Note 2: The figures for NOVEMBER'18 and NOVEMBER'17 are provisional and subject to change.

      Note 3: Grand total is inclusive of component ‘Other’.

      ***

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